Coral Laboratories Ltd.(524506)-Current MCap-160Cr
Its a 2 decade old company with ultra modern strategically place plants.The company’s registered office is at Ghatkopar, Mumbai and plants are located at Daman, Dehradun and Vasai. The plants are certified with WHO GMP,ISO9001:2008, Aqa International, ANAB Accredited.
The company is in Pharma with around 400 products in below segments
• ANTIBIOTICS / ANTIBACTERIAL (For Day to Day infections to severe infections)
• VITAMIN SUPPLEMENT - For Vitamin Deficiency/during treatment
• PROTEIN SUPPLEMENT (In two delicious flavours)
• IRON SUPPLEMENT (with all essential factors like Protein, Carbohydrate and Minerals)
• ANTACID / ANTIULCER - Fast relief from acidity with prolonged duration of action
• ANTISPASMODIC - Fast relief from Infant Colic, Griping Pain & Flatulence
• ANALGESIC / ANTIPYRETIC - Fast relief from Pain and Fever
• ANALGESIC / ANTIPYRETIC / ANTIINFLAMATORY - Fast relief from Pain, Fever & Inflammation
• ANTIASTHMATIC - Treatment for Asthma and Allergic conditions
• ANTHELMENTIC - to expel all types of worms
• ANTIPROTOZOAL / ANTIAMOEBIC - Treatment for Amoebic Dysentry
• COUGH SUPPRESSANT / EXPECTORANT - suitable cough syrup for all types of cough
• CARDIAC MEDICINES / Special Cardiac Products
• HERBAL MEDICINE - Various Disorders associated with Mensuration
• TOPICAL PREPARATIONS - Antibacterial, Anti-eczematic & Anti-fungal
• ORAL ANTISEPTIC PREPARATIONS - Pain Relieving Gel for Gums and Mouth Ulcers
• ANTIMALARIAL DRUGS
• MUSCLE RELAXANTS
• ANTI ALLERGIC
• ANTI FUNGAL
• CALCIUM PREPARATIONS
• ANTI EMETIC
• ANTIPSYCHOTIC DRUGS
• EYE DROPS
• EAR DROPS
• EYE / EAR DROPS
• NASAL SPRAY
The company mainly supplies to Non regulated markets.The countries to which Coral exports are Sri Lanka,Myanmar,Cambodia,Vietnam,Jordan,Philippines,Afghanistan,Kenya,Nigeria,Malawi,Chile,Cuba,Barbados,Jamaica,Ivory Coast and Costa Rica.
The company also supplies the goods under tender supply to countries viz, Lesotho,Papua NewGuinea, Malawi and to Hong Kong for hospital supplies.
The company has also got its plant approved from MOH of Ethiopia, Nigeria, Ivory Coast, Malawi etc.
Last few quarters the company is showing a good set of results. The Promoter Holding is around 71.57. 3 Years Sales Growth is 14.14% and TTM Sales Growth is 29.8%. Compounded Profit Growth for last 3 years is 19.2% and TTM Profit growth is 28.98%.
The OPM margins are improving year by year
March 2014- 19.84%
(Note:Above figures picked up from Screener)
Trying to dig more information on the same.Views invited.
Disc: Tracking from last 6-7 months. Invested recently.